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Speculation not responsible for commodity price hike

Posted on 02 March 2011

From Commodity Online: Speculators are not to blame for commodity price hikes, according to a recent study by the Organization for Economic Cooperation and Development (OECD).

In its latest study for the G20 economies, the report said the main factor behind rising prices for wheat, sugar, cotton, metals, oil and other commodities isn’t speculators, as some have suggested, but that the global demand to consume these goods is growing faster than the supply…………………………………….Full Article: Source

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